He who pays the piper calls the tune. This should be a lesson to companies tempted to get in bed with the government or to plead for taxpayer bailouts because they are “too big to fail” after they have experienced a run of bad luck or bad management. President Barack Obama’s “pay czar,” Kenneth R. […]
AIG outrage shows bailouts poor choice
March 23, 2009
Freedom New Mexico Will future historians mark last week as the week in which the Obama administration unraveled prematurely? It’s too early to tell. It was, however, a week in which top officials in financial corporations and government alike came off looking especially clueless or opportunistic. One can understand outrage over American International Group (AIG), […]
Government bailouts send wrong message
December 8, 2008
Freedom Newspapers The newspaper industry is struggling with Internet competition, declining circulation and a tough revenue picture, which is threatening the stability of the industry and harming the public’s ability to get important news and information. And it’s hard to overestimate the importance of the news industry in ensuring that the electorate is well-enough informed […]
